Valaris Limited

VAL

VALValaris Limited US flag

New York Stock Exchange

92.06

USD

-0.67

- -

6.38BMarket Cap

Income Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	2,053	1,427	- -	1,602	1,784	2,363	2,369
+ Sales & Services Revenue	2,053	1,427	- -	1,602	1,784	2,363	2,369
- Cost of Revenue	2,418	2,011	- -	1,474	1,645	1,883	1,776
+ Cost of Goods & Services	2,418	2,011	- -	1,474	1,645	1,883	1,776
Gross Profit	-364	-584	- -	128	140	480	593
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	189	96	- -	81	99	116	97
+ Selling, General & Admin	189	215	- -	81	99	116	97
+ Research & Development	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	-118	- -	- -	- -	- -	- -
Operating Income (Loss)	-553	-680	- -	47	40	363	496
- Non-Operating (Income) Loss	-489	4,436	- -	-178	-44	-7	-56
+ Interest Expense, Net	400	271	- -	-20	-32	-1	28
+ Interest Expense	428	291	- -	45	69	85	99
- Interest Income	28	20	- -	66	101	86	71
+ Other Non-Op (Income) Loss	-890	4,166	- -	-158	-12	-6	-84
Pretax Income	-64	-5,117	- -	225	84	370	552
- Income Tax Expense (Benefit)	128	-259	- -	43	-783	- -	-427
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-192	-4,858	- -	182	867	370	979
- Net Extraordinary Losses (Gains)	12	-4	- -	11	3	-7	-7
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	12	-4	- -	11	3	-7	-7
Income (Loss) Incl. MI	-204	-4,853	- -	171	864	377	986
- Minority Interest	-6	2	- -	-5	-1	4	4
Net Income, GAAP	-198	-4,856	- -	176	865	373	983
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-198	-4,856	- -	176	865	373	983
EBIT	-553	-680	- -	47	40	363	496
EBITDA	40	-134	- -	138	141	485	642
EBITDA Margin (%)	1.93	-9.35	- -	8.64	7.92	20.55	27.11
EBITA	-553	-680	- -	47	40	363	496
Gross Margin (%)	-17.74	-40.92	- -	7.99	7.82	20.3	25.03
Operating Margin (%)	-26.94	-47.68	- -	2.95	2.25	15.38	20.93
Profit Margin (%)	-9.64	-340.21	- -	11.01	48.5	15.8	41.49
Sales per Employee	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.06	- -	- -	- -	- -	- -	- -
Depreciation Expense	593	547	- -	91	101	122	146
Basic Weighted Avg Shares	75	75	75	75	74	72	71
Basic EPS, GAAP	-2.64	-64.74	- -	2.35	11.67	5.18	13.92
Basic EPS from Cont Ops	-2.56	-64.77	- -	2.42	11.69	5.13	13.87
Diluted Weighted Avg Shares	75	75	75	76	75	73	71
Diluted EPS, GAAP	-2.64	-64.74	- -	2.33	11.54	5.12	13.86
Diluted EPS from Cont Ops	-2.56	-64.77	- -	2.4	11.56	5.07	13.81

Balance Sheet (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	- -	1,173	1,207	1,346	1,272	1,079	1,225
+ Cash, Cash Equivalents & STI	- -	326	609	724	620	368	599
+ Cash & Cash Equivalents	- -	326	609	724	620	368	599
+ ST Investments	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	449	444	449	459	571	475
+ Accounts Receivable, Net	- -	260	297	346	375	502	424
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	189	147	103	84	69	51
+ Inventories	- -	279	- -	- -	- -	- -	- -
+ Raw Materials	- -	279	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	118	154	173	192	139	151
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	11,700	1,396	1,514	3,050	3,341	4,080
+ Property, Plant & Equip, Net	- -	10,996	891	977	1,634	1,933	2,089
+ Property, Plant & Equip	- -	13,245	957	1,134	1,889	2,309	2,598
- Accumulated Depreciation	- -	2,249	66	157	255	376	510
+ LT Investments & Receivables	- -	121	87	111	124	113	122
+ LT Investments	- -	121	87	111	124	113	122
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	583	419	426	1,292	1,295	1,869
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	583	419	426	1,292	1,295	1,869
Total Assets	- -	12,873	2,603	2,860	4,322	4,420	5,305
+ Payables & Accruals	- -	227	296	333	489	440	459
+ Accounts Payable	- -	176	226	256	400	328	348
+ Accrued Taxes	- -	51	46	41	53	57	74
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	25	35	36	55	37
+ ST Debt	- -	16	10	9	27	28	36
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	16	10	9	27	28	36
+ Other ST Liabilities	- -	184	116	162	228	211	197
+ Deferred Revenue	- -	58	46	78	116	87	88
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	126	70	84	112	124	110
Total Current Liabilities	- -	427	422	504	744	680	692
+ LT Debt	- -	- -	545	556	1,128	1,140	1,123
+ LT Borrowings	- -	- -	545	542	1,079	1,083	1,086
+ LT Finance Leases	- -	- -	- -	14	49	57	37
+ Other LT Liabilities	- -	8,076	558	502	453	356	318
+ Accrued Liabilities	- -	- -	- -	57	68	102	93
+ Pension Liabilities	- -	297	204	160	142	106	68
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	7,780	354	285	244	148	157
Total Noncurrent Liabilities	- -	8,076	1,104	1,058	1,581	1,496	1,442
Total Liabilities	- -	8,503	1,526	1,562	2,325	2,176	2,133
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	8,722	1,084	1,099	1,121	1,114	1,136
+ Common Stock	- -	83	1	1	1	1	1
+ Additional Paid in Capital	- -	8,640	1,083	1,098	1,120	1,113	1,135
- Treasury Stock	- -	76	- -	- -	200	325	425
+ Retained Earnings	- -	-4,184	-16	160	1,026	1,399	2,382
+ Other Equity	- -	-88	-9	15	25	34	61
Equity Before Minority Interest	- -	4,375	1,075	1,290	1,988	2,238	3,170
+ Minority/Non Controlling Interest	- -	-4	3	8	9	6	2
Total Equity	- -	4,370	1,077	1,298	1,997	2,244	3,172
Total Liabilities & Equity	- -	12,873	2,603	2,860	4,322	4,420	5,305
Shares Outstanding	- -	75	75	75	72	71	69
Number of Employees	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	16	10	23	76	85	73
Net Debt	- -	-326	-63	-182	459	714	487
Net Debt to Equity	- -	-7.45	-5.88	-14	22.97	31.84	15.34
Tangible Common Equity Ratio	- -	33.95	41.39	45.38	46.2	50.78	59.79
Current Ratio	- -	2.75	2.86	2.67	1.71	1.59	1.77
Cash Conversion Cycle	- -	44.56	- -	13.47	0.88	-2.83	1.84

Cash Flow Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	-192	-4,858	- -	182	867	370	979
+ Depreciation & Amortization	593	547	- -	91	101	122	146
+ Non-Cash Items	-625	4,081	- -	-139	-822	-3	-658
+ Stock-Based Compensation	37	21	- -	17	27	28	25
+ Deferred Income Taxes	24	-106	- -	8	-786	6	-515
+ Asset Impairment Charge	104	3,646	- -	34	- -	- -	27
+ Other Non-Cash Adj	-790	519	- -	-199	-62	-37	-196
+ Chg in Non-Cash Work Cap	-52	-22	- -	-7	121	-133	79
+ (Inc) Dec in Accts Receiv	- -	- -	- -	-7	45	-65	119
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	-52	-22	- -	- -	76	-68	-40
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-277	-252	- -	127	268	355	546
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-227	-94	- -	-207	-696	-455	-344
+ Acq of Fixed Prod Assets	-227	-94	- -	-207	-696	-455	-344
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	-199	-126	-100
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	-199	-126	-100
+ Net Change in LT Investment	329	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	474	- -	- -	220	- -	- -	- -
+ Inc in LT Investment	-145	- -	- -	-220	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	950	52	- -	190	30	3	138
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	1,052	-42	- -	-17	-666	-452	-206
+ Dividends Paid	-4	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	-928	571	- -	- -	531	- -	- -
+ Cash From Debt	215	596	- -	- -	1,103	- -	- -
+ Repayments of Debt	-1,143	-25	- -	- -	-572	- -	- -
+ Other Financing Activities	-20	-49	- -	-6	-47	-32	-4
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-952	522	- -	-6	286	-158	-104
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-178	228	- -	104	-113	-255	237
EBITDA	40	-134	- -	138	141	485	642
EBITDA Margin (%)	1.93	-9.35	- -	8.64	7.92	20.55	27.11
Free Cash Flow	-504	-346	- -	-80	-429	-100	203
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	-43	- -	-15	- -
Free Cash Flow to Equity	- -	226	- -	-80	103	-100	203
Free Cash Flow per Basic Share	-6.72	-4.61	- -	-1.07	-5.78	-1.38	2.87
Price/Free Cash Flow	- -	- -	- -	15.31	5.34	3.98	4.02
Cash Flow to Net Income	1.4	0.05	- -	0.72	0.31	0.95	0.56
Capital Expenditures	-227	-94	- -	-207	-696	-455	-344